Baader Bank set a €35.00 ($39.33) price target on Deutsche Post (FRA:DPW) in a research report sent to investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other brokerages have also commented on DPW. Goldman Sachs Group set a €40.00 ($44.94) price target on Deutsche Post and gave the stock a buy rating in a report on Wednesday. Kepler Capital Markets set a €31.50 ($35.39) target price on Deutsche Post and gave the company a buy rating in a research note on Thursday, April 30th. Berenberg Bank set a €33.00 ($37.08) target price on Deutsche Post and gave the company a buy rating in a research note on Wednesday. Jefferies Financial Group set a €38.00 ($42.70) target price on Deutsche Post and gave the company a buy rating in a research note on Wednesday. Finally, Credit Suisse Group set a €32.03 ($35.99) price objective on Deutsche Post and gave the company a neutral rating in a research note on Tuesday. Five research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Deutsche Post presently has an average rating of Buy and a consensus price target of €35.35 ($39.71).
Shares of FRA:DPW opened at €34.00 ($38.20) on Wednesday. The business’s 50 day moving average is €30.10 and its 200 day moving average is €29.45. Deutsche Post has a 12-month low of €30.52 ($34.29) and a 12-month high of €41.32 ($46.43).
About Deutsche Post
Deutsche Post AG operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa. It operates through four divisions: Post-eCommerce-Parcel (PeP); Express; Supply Chain; and Global Forwarding, Freight. The PeP division offers dialogue marketing, press distribution, and electronic services associated with mail delivery, as well as parcel and e-commerce services.
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